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CAPITAL MANAGEMENT CORP

21-May-14 – CCE spent most of 2013 distributing stock and consolidating a bottom. A year-end rally allowed the stock

to test critical resistance at 0.20-0.21. The stock failed to confirm above this resistance in Feb and regrouped for

another challenge of this level which was confirmed last week. This was supported by On-Balance-Volume, which has

been showing accumulation since the beginning of the year, and a MACD crossover which demonstrates confirming

upside momentum. 0.43, the 38.2% Fibonacci retracement from the 2011 highs represents the next critical resistance

level and the short term technical target. There is less volume congestion as we move to this level and above (shown

by Volume at price green bars on y-axis). Longer term we look for the stock to consolidate in the 0.54-0.65 band

highlighted in yellow bellow, which represent the 50% and 61.8% retracements from the 2011 high respectively.

BREAK-OUT ALERT: CCE COMMERCE RESOURCES CORP

21 May 2014

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obtained but neither Secutor Capital Management Corp nor its employees, agents, or information

suppliers can guarantee that such information is accurate or complete and it should not be relied on as

such.

Any opinions expressed herein reflect our judgement at this date and are subject to change. This

commentary is based on information that is believed to be accurate at the time of writing and is subject

to change. All opinions and estimates contained in this report constitute Secutor Capital Managment

Corp’s judgement as of the date of this report, are subject to change without notice and are provided in

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are subject to change. Past performance may not be repeated.

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Protection Fund.

21 May 2014 Commerce Resources Corp

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